Umbrella Insurance in California

We live in a world that is increasingly litigious. So much so that businesses and homeowners across the country are finding out that their current liability insurance limits are not sufficient to provide them with the peace of mind they desire from their insurance. Miao Insurance Services in Pleasanton, CA is here to help California homeowners, businesses, and others get additional liability insurance protection in the form of umbrella insurance.

What is Umbrella Insurance?

Umbrella insurance is a type of insurance that provides protection above and beyond what your standard liability insurance covers. But what does that mean? It means that if you are sued and the judgment against you exceeds the policy limits of your existing liability insurance, your umbrella insurance will kick in to pick up the difference – up to the limits of your umbrella insurance.

There are primarily two types of umbrella insurance:

1. Personal Umbrella Insurance
2. Commercial Umbrella Insurance

If you own a home and a business, the odds are good that you need both. It goes beyond that, though. A personal umbrella insurance policy doesn’t only apply to coverage for your home, it also kicks in to pick up the difference in other personal policies you have, including things like:

• Boat and watercraft insurance.
• ATV insurance.
• RV insurance.
• Auto insurance.

The purpose is to provide peace of mind that if you’re in a horrific accident or someone is injured and sues you or a member of your household, that you will have the insurance protection necessary to protect your financial interests.

California residents from all walks of life need the security that umbrella insurance provides. It’s important, though, to work with a trusted agency, like Miao Insurance Services in Pleasanton, CA to get the coverage and protection you need and to make sure your umbrella insurance protection is enough to mitigate your risks. After all, insurance is about risk management and your umbrella policy is an important tool in that effort.